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ST. lUCIE COUNTY, FLA.
TOGEm9 WITH aJl'arwl ainpJar 1M .......... 1ii.noH- II............. ki.. luk.... ... Ia ,.,...
thereunto appertAinml and the reDia, i.- _ proIta ...-. aod ... ,u .... ...... ... IIIth, __ .... aD daim aM
demand wha~r, AI weD 1ft U:w AI ill equity, 0{ the aNd Yclnppr ill ao4 to .. -. ~..... ...... _,I
(a) All rents, profibl, revenues, JOyaltiu, Jilbta ud beadta ct.md rn. (I) e1GpI pOWD OIl .w ...n.,. .... .....
of the toil otherwiae (2) oil, ,as or mineral Jaae. of the premiaa 01' Nl7 pu1 thenal, _ aiIdJlI .. ...' f_.......
(5) all oth~r rents, iuu~ and profiu of the premt,. fiWn time to ti_ 8CCnIiDl. whether __........~ DOW ~
or hereaCter created; in each RIch cUt: with the risht in th~ NortlAPe. but only at'lb opdoa, tl) Naive aad ~ .....01'
and to apply the lWne &I it may elect to any iudebtedneaa aecured h~reby, and the Wortppe, at ita optioD. may demaad, aue for
and r..co\er an)" such payments, reeervina to the Mort~r. however, 10 Iont AI aaJd W~ II .. ID default 1Mnuadw, the
ri8ht to rec..i\'C and reu.in luch rents, i..ua and profita.
(b) All jud~nts, award I of dam.~ ..'\d Iet~menU hereafter made &I a rault of 01' fa lieu 01 any takior 01 the
premi~s or any part thereof und..r the ~r of emint'nt domain, or for any dam. ("hether call1fld by luch takinr or otberwiH)
to the pr..mi.es or the improvement. thereon or an)' part thereof; luch Jl'llrt of any rueb judsment, award or eettJanmt, al the
Mortgag.." m3Y ekct to be applied to the ind..btedneu hereby secured and the balllnce thereol, if sny, to be rexrved to the
party or putit's otherwi~ entitled thereto,
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TO IIA VE AND TO HOLD the above granted and dexrlbed premi_ to the laid Mort!arcc, ita IUccellCn and _pi,
fore~rJ ~a. ..~.. )fd.lo..L~lr 11._... har.l.ltr f~H... ._....l~l II.", bit... I... -:A ~~:A, ...j n~ jJ'iMl ,"'. 11.11 'I&m" v .. II fuJ
cl..:.._ At dl "I ...... ~ ..!f AA tr; providt'd alwa)"1 that if Mortgal(Or shall pJly to Mortl~e that certAin promiJIory note ahoY.
d..scrih..d and shan perform all other coven&nU and conditionl ,of said promi.lOly ,~: aM of any renewal. extemion or modi-
fication th~r..of. and of this mortgaR", then thil mort/fage and th.. estate hert'by crt''\teti shan N'IIJe and be null and void.
Mort!l"l(or Curther C'OVenanU and a,r~ with Mort!f'asee as follows:
I, To pay all .hms including interest ~ur..d hereby when du.., al prO\'ided for in said promilaory note and any renewal,
extension or modIfication thereof and in this mortgage, all luch suml to be payable in lawiul money of the United ~tatel of
."merica at Mort~:,,:..e's afore,aid principal office, or at luch other place .. Mort!l'a~e may deaigDale in writin<<.
2. To pay when du... and without requirin! any notice from Mort~~. all t8Xf'I. a.-.unmb of any type or nature
and oth..r c},ar<:..s I~vied or as..,.,...d al(ainu th.. premises hereby encumbt-red or any interert of Mortgage therein. To lnunedi-
atdy pay and di\CharJ::~ any claim, li..n or enrambrance ~t IlIch premises which may be 01' ~ luperior to thi. mort-
gag.. and to permit no default or d~linquency on any other lien, encumbranC'e or charge against auch prem.Uea.
3, if requir~d by Mortgal(ee, to also malte monthly deJn.its with M()rt~al(ec, in a non-interelt bearinl account, tOfether
with and in addition to int~rest and principal, of a sum equal to one.twdlth of the yearly taxel and aueumenU whicla may be'
le\'ied agaimt th~ premises, and (if so required) one-twelfth of the yearly premiuml for imurance thereon. The amount of Illeb
tAXes. aJS~.smcnts and premiums, wh~n unknown. lhall be estimAtl"d by Mortga~. SlKh depoliu Iha11 be u..d by MOrlfalM
to pay ruch taxel, aS~SJments IInd premiums when due. Any iruufficimcy of ruch account to ~y rueb chaf'IU wheD due dt.o .
be paid by Mou,agor to Mortgagee on demand. If, by reason of any d..fault by MOl"tp~r under any proviaion of thia 1DOl't-
gal(e, Mortl(al(ee declares all sums secured hereby to be due and payable, Mortgalee may th..n apply any fundi in sa.id account
as{ainst the entire indrbtedne.s '~cur..d hereby. The enforc~ability of the CX)'\'enants relating to ta~, .-nenU and ina'.lnnce
pr~mium' h..r('in oth..rwi.e provic1('d sh311 not be affected except in 10 far al those oblil(ations have h..en met by . 'mpliance with
this paragraph, Mortl(al{..e may from time to time at its option wah'e. and after any such waiver rein Hate, any or all provisiotU
h..reof r"CJui,in<: such deposits, by notice to Mort!!,agor in writin~, While any luch waiver i, in effect Mortg&<<Or shall pay taxes,
a"....ments and insurance pr('miurr.. a. herein elsewh..re provided,
4, To pay all tax,.., stamp tax or oth..r charge which m'\y be aSle1lKd upon thil mortgage, or said note, or indehtedr._
~cur..d h('r..hy. without reo:ard to any law, F.,dnal or State. heretoiore or hereafter enacted, impoainl payment of aU or any
part th~I'l'of upon Mortl(al(e.., In ..vent of ..nactment of any law imposinl( paymt"nt of aU or allY port:on of any luch taxes upon
Mortg.w...., <'I' the r..nrl..rinl1 by any court of last r..sort of a dt"cision that the undenakinl by Mortgagor, &I herein provided, to
pay such tax or taxes i. ]"I(ally inoperative, then, unl.... Mort!Pl1or n",'ccthel..JJ p:>ys .uch taxes, all11Jms hereby secured, without
any d..duction, shall at the option of Mortgasee become immediately due and payable, notwitlut.anding anything contained herein
or any law heretofore or hrr..after ..nact..d.
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5, To kt"..p the pr..mi.... insured against Iou or d;unage by fire, windltorm or extended covef&le and luch other hau.rda AI
m:\)' be requir..d by Mortl(ac;..e, in form and amounts latisfactory to, and in insul'd.nce companies approved by MOI'tpgee, and with
acc..ptable mortl(ag.... 1m. p3\'ahle cI:>u~s allaeh..d. Such policies, lojP;ether with luch abltracu and other title evidetK'e u may
be required by Mortl(,1l(/"". shan be ddiver..d to and held by Mortlfagee without liability. Upon foreclusure of thit mortwqe or
oth..r acqui.ition of th.. pr..rni,,"s or any part thereof by Mortgalee, said policies, abstracts and title e,'idencc ahall become ~e
abwlut.. prope.ty of MortS{al(ee,
0, To lint obtain the wrill..n cons..nt of Mortgagee, IUch con~nt to be Rrant..d or withheld :>t the sole docretion of luch (i
Mortl(al(e... hfofore (a) 1''' mo\'i 1'1 I( or demolishing any builGinl( now or h..r..after ..rt"Cl..d on the premi~s, (b) aherinl the arrange-
m..nt, d...il(n or structural charact..r th..reof. (c) making any repair, which in\'Olve the r('moval of Itructural partl or the (1
~xpo'lIre of the interior of .loch buildinlii' to the elements, or (d) rxcept for domestic p\lrpoSf'l, clltting or r..moving or perrnittinl
th.. ,ullinS{ and removal of any trees or timber on the premisel.
7, To maintain pr..mi.es in 1100d canr:lition and repair, includinl( but not ]imitt'<:l (0 the makinl( of JIIC}, repairs as Mortlagee
may from tirn.. to time d..t..rrnine to be nec~!Sary for th.. prcs..rvation of the premiJ..., and t:> not commit not' permit any waste thereQ(.
e, To comply with all I",ws, ord;nanc('s. r..gulations. covenants. conditions and rcstrictions affecting the premise., and not
to suffer or permit ~ny viob.tion thereof.
9, If Mortl(al(or fails to pay :'ony claim, li..n or encumbrance which il superior to this mortplte, or, when due, any tax or
au..ssm..nt or insurance pr('mium. or to k..rp th.. premises in repair, or ahaU commit or permit wute, or if there be commenced
3ny action or proa..dinl( aff..ctinl( th.. ptemi...s or the titl.. thereto, th~n Mortga~, :>t its option, may pay said claim, lien, encum-
brance. tax. aSU'Hment or pr~mil1m, with ri.l(ht of subrog:>tion thereunder, may m::.ke lucb repain and take 11Im step' &I it d_
adviubl.. to prev..nt or C1Jr(, such waste. and may ap~ar in ~y such action or proceeding and retain oouneel therein, and take
such anion th..rt"in as Mortc;al(('e deems advisable, :md for any of &aid purpose! Mortl'lgee may adn,nce web luma of money,
includinl( all ca,u. f..es anr:l olher items of expense &I it d~ms neceasary. Mortlagee Ihall be the a.>le judge of the iera!ity,
validity and priority of any such cb.im. lien, encumbrance, tax. a,,('slment ant! premium, alld of the amount ncceuary to be paid
in satisfaction thereof. MOrll(al(ee shall not be hdd accountable for 3ny delay in r~ any lu.::h parmer-t, which de.}' r~y
r..sult in any addition:>l inter..'t, cost. charges or expen~e otherwise,
10. Mortgagor will pay to Mortgagee, immediately and without demand, all sums
of money advanced by Mortgagee pursuant to this mortgage, together with interest
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on each such advancemen~ at the rate of 6i7o per annum, and all such sums and
interest thereon shall be secured hereby if made by Mortgagee for the account' of
!\lortgagor because of Mortgagor IS default.
11. All sums of money secured hereby shall be payable without any ralief
whatever from any vaiuation or appraisement lawtl.
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